Directs the U.S. Sentencing Commission to review and revise its sentencing guidelines and policy statements for crimes involving document and computer fraud, aggravated identity theft, and illegal wiretapping to reflect congressional intent to increase the penalties for such crimes.

Authorizes additional funding for the U.S. Secret Service, the Federal Bureau of Investigation (FBI), and the Attorney General in FY2008-FY2012 to investigate and prosecute criminal activity involving computers.